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20121114
20121114
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economic thinkers, george gilder, also the author of the "israel test," just released today. >> i it is great to be here. lou: let's start some politics. i think rationally so. we are faced with economic calamity if our politics don't work here. what would you put the odds at that busy rationality and effectiveness reemerge from washington, d.c., on the fiscal cliff? >> zero. lou: i thought that. >> if we can keep the current tax rates, we would continue to increase government revenue. increasing 26% under the bush tax rates over the last two years. over the last two years, government revenues have risen 26%, almost a quarter using the buss tax rates. low tax rates bring more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannot grow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise ta
is turning to it, i suppose. i want to turn to this book, "the israel test." you take up e issue of the world civilization, importance israel within it. as a capitalist as well as jewish state. you reallyelve that israel is that strong, that important in the world's future? >> i certainly do. the american economy is heavily dependent on israetoday, partly because of the debauchery of silicon valley, but now israel is a crucial sourcef new technology for apple. all apples, flash tribes, just bought a new israeli company to empower its new technologies. microsoft, cisco, johnson and johnson. the dependent on technologies that come from israel. they're deeply dependent. obama seems to think that the the tips is more important in israel or turkey is more important. israel is the most important technology force in the world next to the unitedstates, and if we keep on ou current path rael will benumber one. lou: always good to talk with you. >> great to talk to you. lou: you can find a link honor loudobbs.com. forty-eight days until the fiscal cliff. can the president and congress make a deal to av
Search Results 0 to 1 of about 2